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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

Other backers include Global Founders Capital and a number of high-profile angel investors, such as GGV Managing Partner Hans Tung, ALLVP Partner Antonia Rojas and LaHaus founders Jeronimo Uribe and Tomas Uribe, among others. They were brought back together by the pandemic to start the e-commerce enablement company.

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SXSW 2022: Building the Sustainable Startups of the Future

Revolution

which is why we assembled a panel of founders paving the way for a more proactive future in their industries. For us, our focus on reducing consumerism and enabling a circular economy has drawn passionate candidates who care about our mission and want to do more than earn a paycheck.” even (and especially) as the company scales.

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Lowercarbon Capital and Gradient Ventures Invest $9M in Quilt for Advanced Residential Heat Pump System

American Entrepreneurship

Quilt’s design enables room-by-room control, creating precise climate zones throughout the home while eliminating the need for traditional furnaces and ductwork. Heat pumps are now widely recognized as the solution to decarbonizing home heating,” said Quilt co-founder and CEO Paul Lambert.

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Komunal secures $8.5m to strengthen Indonesia’s neo-rural bank ecosystem

AsiaTechDaily

million to fund its mission to accelerate financial inclusion and strengthen the neo-rural bank ecosystem in Indonesia, especially outside the Greater Jakarta area. Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy.

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. “Sima.ai’s software and hardware platform can be used to enable scaling machine learning to [a range of] embedded edge applications. After emerging from stealth in 2019, Sima.ai

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Proptech in Review: 3 investors explain how finance-focused proptech startups can survive the downturn

TechCrunch

“The best thing founders can do during a downturn is move quickly and efficiently, and evolve their offering to match the new needs of the market. Zach Aarons , co-founder and general partner, MetaProp. It is embedded in the category, and with the long housing and tech boom, many founders have underestimated this.

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DriveNets connects with $262M as demand booms for its cloud-based alternative to network routers

TechCrunch

The funding, we should point out, is a also a measure of the faith investors have in repeat, successful founders. “Most of our customers are tier 1 and 2 service providers and we found that Asian operators are early adopter and open to new technologies that can accelerate growth and lower their cost,” said Susan this week.